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GERMANY AND NORWAY WILL BUILD A BIG HYDROGEN PIPELINE

By Anna Cooban, CNN
Published 9:49 AM EST, Thu January 5, 2023
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London CNN  — 

Germany just took a step closer to finding a long-term, greener replacement for
Russian natural gas and coal.

German power producer RWE (RWEOY) and Norwegian state-owned energy firm Equinor
on Thursday announced plans to build hydrogen-fueled power plants in Germany
over the next few years, as well as a major pipeline between the two countries
to feed them.

The agreement — which is not yet legally binding — is part of Germany’s efforts
to phase out all coal-fired power stations by 2030 and decarbonize its energy
sector. Berlin has pivoted dramatically away from Russia as a source of energy
since its invasion of Ukraine, and needs to find secure alternative suppliers.

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“Through this collaboration we will strengthen the long-term energy security for
Europe’s leading industrial country,” Anders Opedal, Equinor’s CEO and
president, said in a joint statement.

The power plants, jointly owned by RWE and Equinor, will initially run on
natural gas produced in Norway before transitioning to “blue” hydrogen, also
produced in Norway using natural gas and pumped through the underwater pipeline,
the companies said.

More than 95% of the carbon dioxide emitted during the production of hydrogen
will be captured and stored under the seabed, they added. Equinor plans to
develop a 2 gigawatt production capacity for “blue” hydrogen by 2030.

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The ultimate aim is to generate so-called “green” hydrogen using renewable
energy produced by offshore wind farms, they said, without providing target
dates.

The European Union has a target to build a 40 gigawatt renewable hydrogen
production capacity by 2030.

“There is an urgent need for a rapid ramp up of the hydrogen economy,” Markus
Krebber, RWE’s chief executive, said in the statement. “Blue hydrogen in large
quantities can make a start, with subsequent conversion into green hydrogen
supply.”

The companies did not state how many power plants they intend to build, or the
value of their joint investments.

Norway is now Europe’s biggest supplier of natural gas, according to EU official
statistics. Ever since Russia started slashing its exports to the bloc in
retaliation for European sanctions over the war in Ukraine, the Nordic country
has ramped up its own exports to help fill the gap.

“In the midst of the energy crisis, we see how important Norway is as a reliable
supplier of gas to Europe, but we also see how crucial it is that we switch more
quickly to more renewable energy.” Norwegian prime minister Jonas Gahr Stoere
told reporters in Oslo on Thursday, according to a Reuters report.

Just before Russia invaded Ukraine in late February, Germany scrapped plans to
use the Nord Stream 2 pipeline, which was built by Gazprom to deliver up to 55
billion cubic meters of natural gas per year — or more than half of Germany’s
annual consumption.

In the months that followed, Russia dramatically cut flows of natural gas
through the Nord Stream 1 pipeline. Flows on that pipeline stopped altogether in
August when it shut for repairs. It didn’t reopen.

Both pipelines were hit a month later by a series of explosions. Denmark and
Sweden have said the infrastructure was deliberately targeted, and Sweden’s
security service has said that it cannot be ruled out “that a foreign power is
behind it.”

Suspicion has fallen on Russia as the only actor in the region believed to have
both the capability and motivation to deliberately damage the pipelines. The
Kremlin has denied striking the pipelines.

After the explosions, NATO vowed to mount a “united and determined response” if
the damage proved to be deliberate.

— Charles Riley and Julia Horowitz contributed reporting.


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Cookies, device identifiers, or other information can be stored or accessed on
your device for the purposes presented to you.

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SELECT BASIC ADS

Select basic ads

Ads can be shown to you based on the content you’re viewing, the app you’re
using, your approximate location, or your device type.

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SELECT PERSONALISED ADS

Select personalised ads

Personalised ads can be shown to you based on a profile about you.

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CREATE A PERSONALISED ADS PROFILE

Create a personalised ads profile

A profile can be built about you and your interests to show you personalised ads
that are relevant to you.

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SELECT PERSONALISED CONTENT

Select personalised content

Personalised content can be shown to you based on a profile about you.

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CREATE A PERSONALISED CONTENT PROFILE

Create a personalised content profile

A profile can be built about you and your interests to show you personalised
content that is relevant to you.

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MEASURE AD PERFORMANCE

Measure ad performance

The performance and effectiveness of ads that you see or interact with can be
measured.

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MEASURE CONTENT PERFORMANCE

Measure content performance

The performance and effectiveness of content that you see or interact with can
be measured.

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APPLY MARKET RESEARCH TO GENERATE AUDIENCE INSIGHTS

Apply market research to generate audience insights

Market research can be used to learn more about the audiences who visit
sites/apps and view ads.

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DEVELOP AND IMPROVE PRODUCTS

Develop and improve products

Your data can be used to improve existing systems and software, and to develop
new products

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ENSURE SECURITY, PREVENT FRAUD, AND DEBUG

Always Active

Your data can be used to monitor for and prevent fraudulent activity, and ensure
systems and processes work properly and securely.

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TECHNICALLY DELIVER ADS OR CONTENT

Always Active

Your device can receive and send information that allows you to see and interact
with ads and content.

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MATCH AND COMBINE OFFLINE DATA SOURCES

Always Active

Data from offline data sources can be combined with your online activity in
support of one or more purposes

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LINK DIFFERENT DEVICES

Always Active

Different devices can be determined as belonging to you or your household in
support of one or more of purposes.

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RECEIVE AND USE AUTOMATICALLY-SENT DEVICE CHARACTERISTICS FOR IDENTIFICATION

Always Active

Your device might be distinguished from other devices based on information it
automatically sends, such as IP address or browser type.

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STRICTLY NECESSARY COOKIES

Always Active

These cookies are necessary for the website to function and cannot be switched
off in our systems. You can set your browser to block or alert you about these
cookies, but some parts of the site will not work.

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PERFORMANCE COOKIES



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